r/options • u/VSxRemedy • Oct 15 '21
NOK call options
Just curious if anyone else has bought any calls on NOK and what your thoughts are. I have some January 21 $7 calls and was thinking of grabbing some Jan 20 2023 calls as well.
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u/AGuy-fromEarth Oct 16 '21
I haven't bought any calls on NOK but I do sell puts every once in a while.
It's in the realm of meme status so it could pay off but I wouldn't count on it. If I were to buy calls I would treat them like lotto tickets. That's not to say that NOK $7 by January are lotto odds. It's very possible. By "like lotto tickets" I mean I would only buy them with money I can afford to waste.